Excalibur Engages Precision GeoSurveys for Airborne Geophysical Survey at Bellehelen
Excalibur’s airborne survey refines Bellehelen targets ahead of its next drill campaign.
Excalibur Metals Corp. has engaged Precision GeoSurveys US Inc. to conduct a high-resolution helicopter-borne magnetic and radiometric survey at its Bellehelen Silver-Gold Project in Nye County, Nevada. The survey covers approximately 79.6 square kilometres, generating 876 line-kilometres of data. The operation utilizes 100-metre line spacing and a 50-metre overlap with 2020 data to achieve higher resolution.
The primary objective is to refine geological interpretation, identify structural controls on mineralization, and prioritize areas for future drill testing by integrating new geophysical data with existing geological mapping, geochemistry, and ground geophysics. The new data will be merged with historical airborne datasets from 2020 and integrated with previous CSAMT, gravity, and geochemical surveys. Mobilization is anticipated mid-November 2026, with final processed data expected three to four weeks after field operations complete.
Excalibur Metals Corp. (EXCL) has announced a standard step in its district-scale exploration program at Bellehelen, following a logical progression of data collection. This latest update builds upon gravity survey results reported on October 20, 2026, as well as previous CSAMT and soil sampling updates.
The work is designed to de-risk and prioritize targets for the next drill campaign, which management has previously indicated is slated for late 2026 or early 2027. The news is incremental and aligns with the company's stated exploration roadmap, with no unexpected catalyst, financial event, or change in project status that would materially alter the investment thesis at this time.
Excalibur Metals Corp. (TSXV: EXCL, OTCQB: EXCBF) is an exploration-stage silver-gold company focused on the Bellehelen Project in Nye County, Nevada. The project features a 10-kilometre-long mineralized trend with historical production of approximately 311,000 silver-equivalent ounces from the early 1900s.
The company recently completed its maiden reverse-circulation drill program at the Spyglass Ridge target, intersecting high-grade intervals including:
- 1.52m at 360.0 g/t Ag and 2.03 g/t Au
Exploration is expanding to include the Rangefront, Zigs, and Broken Cabin targets, with the acquisition of the North Tybo Project adding contiguous land position.